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20130124
20130201
Search Results 0 to 9 of about 10 (some duplicates have been removed)
if a budget isn't approved this year. 111 democrats voted against raiding the debt ceiling calling that provision a gimmick. however, it goes well beyond the house. today senator dick durbin revealed the democrats don't have the 51 votes necessary to reinstitute the talking filibuster even through the so-called nuclear option, even though everyone seems to want it. the last hope in filibuster reform is harry reid's great compromise of needing 41 votes to maintain a filibuster but i'm confident that the democrats will find some way to back down from that, too. joining me now the only one and only michael tomasky. starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harm
the debt ceiling until the middle of may. senate democrats say they will pass the bill soon and the white house says president obama will not veto it. the debt ceiling is the limit on how much the feds can borrow. republican leaders were refusing to raise it without an equal amount of spending cuts. but the bill they just passed has a new ultimatum for the house and the senate. no budget, no pay. carl cameron in the d.c. newsroom tonight. how is this supposed to break the gridlock? >> hey, shep. it's basically a two-part deal. the first says by april 15th, both the house and the senate each have to pass a budget that balances in 10 years. should either chamber fail then its members paychecks can't be delayed. they can't stop it constitutionally they have to get paid. the other part suspends enforcement of the federal debt limit until may 19th, at which point it will increase retroactively without any offset in spending cuts. here is how speaker john boehner summed it up today. >> you know, the premise here is pretty simple. it says that there should be no long-term increase in the debt li
would prefer a longer suspension of the debt ceiling which will provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the united states could default on its obligations every few months is not an ideal way to run government, but a short-term solution is better than another imminent manufactured crisis. every republican admit that default would rock our financial system to its core. however, injecting uncertainty in the system every few months also has a chilling effect on the economy. this insecurity doesn't just affect big investment banks or wealthy investors. it costs jobs. all around the country, ordinary americans with 401-k's and college savings accounts are affected. i'm glad republicans set aside their plan to gamble with default. it was bad politics and even worse policy. middle-class americans remember the last time republicans put us through a protracted fight over the debt ceiling in an effort to force deep cuts to social security, medicare and other programs important to the middle class. midd
consistently said he'd refuse to negotiate around the debt ceiling. his strategy is vindicated now that the republicans have backed off their threats to take the nation into a default. the president stared down the republicans. they blinked. >> ifill: congress still faces other fiscal fights. automatic spending cuts are due to kick in on march first, and funding for the government runs out march 27. so, can the republican party use fiscal issues to regain its footing? for more on the political fights ahead we turn to susan page, washington bureau chief for "u.s.a. today." and stuart rothenberg of the "rothenberg political report" and "roll call." chuck schumer just said the republicans brinked. did they blink, susan, and does it matter if they did? >> i think a big recalbraigz on their part. they find themselves on the defensive when it comes to the debt ceiling issue. remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cut
colleagues for any kind of long-term inquiries in the debt ceiling. so let's get the process moving. no more brinksmanship, no more last-minute deals. the american people have already had to wait four years, four years for a budget from senate democrats. they shouldn't have to wait nearly as long for us to confront a debt that threatens the economy, our jobs and the future of our nation. yesterday, i laid out the remedies of the -- the realities of the fiscal challenges we face as a country. we've delayed facing them long enough. let's put the politics aside and finally do the work we were sent here to do. mr. president, i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: the presiding officer: the senator from colorado. mr. udall: mr. president, i'd ask unanimous consent that the quorum call be lifted. the presiding officer: without objection, so ordered. mr. udall: mr. president, i also ask unanimous consent i be recognized to speak for ten minutes as if in morning business. the presiding officer: without objection, so ordered.
that was brought by house republicans in passing their no budget, no pay provision as part of the debt ceiling bill that's now come over to the senate, it looks like the senate according to senator murray will now take up a budget. this is important because while republicans believe that spending is the problem not a lack of taxation, it's going to be a revealing exercise to see how this budget markup goes in committee and then, of course, on the floor. and it will be, i'm sure, a challenge for those who believe that more revenue is a solution as opposed to reining in spending to see how senate democrats produce 51 votes to pass a budget by the april 15th deadline. >> senate republicans just released a video that highlights the president's past statements when it comes to tackling the debt and his actual record when it comes to tackling the debt. and when out comes to reducing the debt as we would say out in the west, the president has been all hat and no cowboy. in other words, he's been all talk and no action. what we've seen over the past four years as trillion dollar deficits every single year,
, paul ryan, and others, in trying to devise a tactical maneuver to get the debt ceiling moved back and to able to deal with sequester. he will have a tough decision in a few months. there's pressure on him in arkansas to run for senate in 2014 against pryor, a vulnerable democrats. to run for the senate right after you got into the house, it's a little fast. he may be able to accomplish more. he is a rising star in the party. there have been others as well. there are people thinking of running and some ran and lost the first time. that part about the republican future i'm very encouraged by, the younger candidates. we can find a lot more if we put in a little more effort. i think it's time for generational change in the republican party. it is a party that's conservative. at least at the presidential level we keep nominating the next in line guy, a 65-year-old guy who ran last time but did not quite make it and gets nominated. they are impressive individuals, but it's a kind of pattern of dole and mccain and it's tough to compete with barack obama. that has been true somewhat at th
Search Results 0 to 9 of about 10 (some duplicates have been removed)